Ecrion

JUNE 12, 2018

Customer communications management … it’s just the management of customer communications. So, then, what is customer communications management? At its core, CCM – there’s that acronym – IS the management of customer communications, but it’s more than that.

Communication 59

Communication Management Telecommunications Self Service 59

Lumoa

JUNE 30, 2022

There are a few common challenges when trying to make customer experience value visible across your company: Lack of good data Contact rate Competing priorities. Each of these challenges makes it harder for you to prove the ROI of customer experience and to sell other leaders on the importance of investing in CX.

Customer Experience 277

Customer Experience How To Metrics Feedback 277

ClearAction

MARCH 24, 2017

Value Chain Solution to VoC ROI Lynn Hunsaker. Voice-of-the-customer (VoC) ROI can be elusive unless you’re adamantly driving customer experience transformation. The key to VoC maturity and ROI is not sophistication or breadth of market research. That is what customers reward. What is a value chain?

ROI 48

ROI Effort Score Customer Journeys B2B 48

InMoment XI

MARCH 25, 2024

Organizations should take a closer look at predictive analytics examples to discover the myriad of ways that data and artificial intelligence (AI) can power more personalized customer experiences and enhance brand loyalty and customer retention. It’s an opportunity that your company can capitalize on today. Prioritize sales efforts.

Analytics 260

Analytics Examples Customer Experience Effort Score 260

Solvvy

SEPTEMBER 25, 2019

Not all SaaS products are created equal, and in order to make sure the investment is worthwhile, you need to look beyond the cool customer logos and free coffee from the sponsor booths, and drill down into what benefits the solution actually will deliver for your company. The post Investing in New Customer Support Technology?

ROI 48

ROI Self Service Technology Net Promoter Score 48

Magellan Solutions

OCTOBER 18, 2016

Most businesses spend the majority of their resources on getting new customers that they tend to ignore their most prized asset: their existing customer base or network. “It It is cheaper to retain than acquire a customer,” says 70% of respondents from Econsultancy/Responsys Cross-Channel Marketing Report 2013.

Customer Base 40

Customer Base Social Media ROI Customer Retention 40

Oracle

NOVEMBER 16, 2020

Make sure to check back each week to learn how Oracle CX customers are driving success and building customer relationships that last. In a responsive selling environment, businesses’ ability to react quickly to customer demands pays off in the form of measurable returns on their respective investments.

ROI 40

ROI Sales Ecommerce Comparison 40

CSM Magazine

AUGUST 15, 2023

In this article, we will explore the concepts of customer acquisition and customer retention, the ways in which they drive growth, and why finding the right balance between the two is essential for maximizing return on investment (ROI). It marks the first step in building a customer base and generating initial revenue.

Customer Retention 52

Customer Retention Return on Investment ROI Social Media 52

Ecrion

JUNE 12, 2018

Customer communications management … it’s just the management of customer communications. So, then, what is customer communications management? At its core, CCM – there’s that acronym – IS the management of customer communications, but it’s more than that.

Communication 40

Communication Management Telecommunications Self Service 40

Experience Investigators by 360Connext

FEBRUARY 6, 2024

We know CX teams can deliver significant business advantages: Satisfied customers are much more likely to purchase more Revenue grows 40% faster by providing personalized experiences Businesses achieve a 2.3x CX teams use a variety of metrics to guide their efforts, drive improvements, and measure ROI. What are its pros?

Metrics 270

Metrics Effort Score Net Promoter Score Data 270

Totango

JUNE 28, 2022

The primary mission of a Chief Marketing Officer (CMO) is to foster growth, attract new leads, and increase sales by effectively communicating the value the company’s products and services can provide. During an economic downturn, your greatest investment should be in your current customer base. Make Your Company Relevant .

Return on Investment 73

Return on Investment Competitive Advantage ROI Effort Score 73

Beyond Philosophy

JANUARY 28, 2019

However, by adopting a renewed focus on the following five concepts in Customer Experience, you can overcome these challenges, and, perhaps more importantly, stay ahead of the competition. Focus on the ROI of CX improvement. A renewed focus on the ROI of your efforts is vital to the longevity of your CX program.

ROI 139

ROI Net Promoter Score Effort Score Groups 139

Comm100

NOVEMBER 15, 2022

This blog will cover the key reasons why contact centres are adopting a digital-first strategy to meet their customers’ ever-evolving service expectations, and what this means for the future of contact center solution providers. What does a digital communication strategy offer that telephone cannot?

Strategy 131

Strategy Omni-Channel Contact Center Chatbots 131

ShepHyken

OCTOBER 4, 2019

Smart businesses are now turning their heads to customer engagement platforms. An effective customer engagement platform allows you to reward your brand loyals. Such rewards drive better revenues, ROI, and profits. What is customer engagement? Well, there is nothing fancy about customer engagement.

Brands 119

Brands Engagement How To ROI 119

CSM Magazine

FEBRUARY 3, 2023

Build ROI metrics into your communications and expectations early on, don’t wait until their CFO is asking. Demonstrating empathy and understanding of your customers’ situations is huge. Communication is essential to any strong relationship, and that’s exactly what customer service is there to cultivate: relationships.

Customer Service 52

Customer Service Chief Customer Officer ROI Social Media 52

Optimove

FEBRUARY 13, 2024

Take your customer segmentation to the next level with our advanced guide Download Now Why it Matters: Valentine’s Day is a reminder to rekindle the love story between a brand and its customers. These magical tools help increase response rates, return on investment (ROI), customer engagement, loyalty, and retention.

Return on Investment 59

Return on Investment Loyalty Tips Groups 59

Team Support

APRIL 17, 2024

It ensures that no customer query goes unnoticed and that each issue is addressed in a timely and efficient manner. The ability to categorize, prioritize, and escalate tickets as necessary transforms customer support from reactive to proactive. Real-time Communication via Live Chat Today's customers expect immediate responses.

Analytics 52

Analytics Customer Satisfaction System Software 52

NobelBiz

JANUARY 10, 2022

Managing entails not only establishing customer relations activities, but also monitoring their effectiveness, impact, efficiency, and profitability. To enhance customer connections, you must adopt a steadfastly ROI-driven mentality. It contains all contacts with whom you have initiated communication (or are about to do so).

Contact Center 52

Contact Center CRM Measurement Contact Center Software 52

Gainsight

SEPTEMBER 8, 2021

Organizations create dedicated roles to continuously improve CS functions to improve NRR or reduce costs by scaling up your customer base with the same CS headcount. That team of your in-house, expert thought partners is called Customer Success Operations. CSM time spent communicating the same ol’ messaging.

Marketing 105

Marketing ROI Leadership Analysis 105

Optimove

JUNE 1, 2023

Why Market to Existing Customers? They bring in more revenue: “Companies that focus their marketing on existing customers see a 20% increase in revenues.” Gartner) They represent top marketing ROI: “Increasing your customer retention rate by just 5% can lead to an increase of 25%-90% in profit.”

Marketing 52

Marketing Multi-Channel Analytics ROI 52

Comm100

OCTOBER 30, 2020

Maybe you even calculated the ROI your specific company can generate by using chatbots. Now it’s time to take the next step – choose the best chatbot platform for your website and significantly improve your customers’ and agents’ experiences. Chatbot ROI Calculator. ROI Calculator. You’ve read it before.

Chatbots 147

Chatbots Technology Social Media ROI 147

Comm100

JULY 20, 2020

Every social media platform has a different customer base in terms of basic demographics, purpose, and user behavior, which is why chatbots need to be integrated with all your profiles. Hence, having a WhatsApp chatbot can be very efficient to improve customer communication. Chatbot ROI Calculator. ROI Calculator.

Social Media 132

Social Media Chatbots ROI Brands 132

Comm100

JANUARY 29, 2021

Maybe you even calculated the ROI your specific company can generate by using chatbots. Now it’s time to take the next step – choose the best chatbot platform for your website and significantly improve your customers’ and agents’ experiences. Chatbot ROI Calculator. ROI Calculator. You’ve read it before.

Chatbots 131

Chatbots Technology Social Media ROI 131

Totango

OCTOBER 2, 2020

During difficult times, it is especially important to understand what is going on inside your customer’s mind, as well as what is going on inside their business. Maintaining strong customer relationships is the key to the long term success of both your customers and your organization. Establishing Customer Status and Goals.

Customer Retention 118

Customer Retention Effort Score Customers Resources 118

TechSee

JANUARY 2, 2018

To stay relevant and compete effectively, traditional insurance companies must ensure their customer base is satisfied. These insurers recognize that customer satisfaction stretches far beyond the purchase of a policy. Visuals have always been an important component of processing a claim.

Insurance 116

Insurance Telecommunications Contact Center Video 116

Kustomer

APRIL 13, 2022

Even if you have a great quality product, you won’t be able to capture the market share you deserve if your team doesn’t provide a service worthy of retaining your customers and developing a loyal customer base. . Doing business online involves interacting with customers across multiple touchpoints. Source: pixabay.com.

Self Service 94

Self Service Customer Service Chatbots Omni-Channel 94

SmartMessage Blog

JULY 20, 2023

Every brand dreams of loyal customers. Building customer loyalty is essential for growth. Companies build strategies and heavily invest to maintain a solid customer base in today’s fiercely competitive business world. Statistics state that it is more profitable to keep current customers compared to acquiring new ones.

Loyalty 52

Loyalty Management Loyalty Programs Competitive Advantage 52

CSM Magazine

DECEMBER 8, 2022

In fact, up to 73% of customers assert that CX is a deciding factor while making purchase decisions. Effective communication and clarity. Going the extra mile for your customers. As a customer base grows, leveraging technology to automate routine processes is the way to go. Define actionable goals.

Self Service 52

Self Service Net Promoter Score Strategy Effort Score 52

Customer Bliss

MAY 2, 2019

She realized that having a relationship manager was the lynchpin to ensuring that the customers would gain more value from the product. Once a CSM was in place, she was able to really scale and grow the customer base. Rosalyn talks about the customer delight approach, which people talk about a lot.

Company 149

Company Strategy Chief Customer Officer Financial 149

Optimove

OCTOBER 12, 2020

As a CRM marketer, you want to make sure that you have effective communications with your customers that are both smart and thoughtful. And that you influence customers based on your main strategic objectives. That you’re sending them the right message at the right time.

CRM 59

CRM Strategy ROI Video 59

SmartMessage Blog

JULY 13, 2023

Every brand dreams of loyal customers. Building customer loyalty is essential for growth. Companies build strategies and heavily invest to maintain a solid customer base in today’s fiercely competitive business world. According to expressanalytics, customer retention costs up to 6 times less than acquisition.

Loyalty 40

Loyalty Management Loyalty Programs Competitive Advantage 40

Kustomer

NOVEMBER 4, 2020

Microsoft predicts that by 2025 as many as 95% of customer interactions will be through AI. Sales and CX teams are using business VoiP services equipped with AI to quickly address customer queries and improve their communication. The customer needs to feel valued and listened to throughout their journey with a business.

Omni-Channel 140

Omni-Channel Customer Experience Chatbots e-support 140

Alida

OCTOBER 28, 2016

The success of online communities is all about having the right people. Online communities provide the most ROI when they have people who are eager to actively participate and who represent the company’s customer base. The insight community’s impressive response rate of 48.5 But GoDaddy didn’t stop there.

Healthcare 100

Healthcare Social Media Exercises ROI 100

CSM Magazine

FEBRUARY 17, 2022

Increasingly, customers’ top priority in receiving customer service is empathy and product knowledge, as well as the ability to talk with someone who has experience with the customer base. When customers interact with a brand, they often must wait until they find enough time to chat with an agent or chatbot.

Trends 98

Trends Industry Customer Service Chatbots 98

CustomerSuccessBox

JUNE 13, 2022

Customer Intelligence helps businesses better understand their customers so they can improve interactions and provide more tailored service. It also gives businesses the data to optimize client communications through segmentation methods and campaign planning. Customer success and the role of Customer Intelligence.

Customer Success 52

Customer Success Net Promoter Score Customer Centricity ROI 52

ClientSuccess

FEBRUARY 8, 2023

Customer lifetime value : measuring the total lifetime contract value of a customer, including upsells, renewals, and expansions, is what keeps the value of your business trending upward over time. Outcomes : during the sales cycle, customers will outline specific goals they are trying to achieve with your solution.

Metrics 75

Metrics Customer Success Net Promoter Score Effort Score 75

Optimove

JULY 20, 2020

When treated right and nurtured properly, this segment of customers can actually bring significant revenue to your business in the long run. By analyzing customer data, you have the power to communicate with clients in a highly relevant and hyper-personalized manner while increasing customer loyalty and the likelihood of subsequent purchases.

ROI 52

ROI CRM Data Loyalty 52